Common use of Protection of Interests in Trust Clause in Contracts

Protection of Interests in Trust. (a) The Depositor shall execute and file such financing statements and cause to be executed and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve, maintain, and protect the interest of the Issuer, the Eligible Lender Trustee, the Securities Insurer, the Swap Counterparty and the Indenture Trustee in the Group I and/or Group II Student Loans, as applicable, and in the proceeds thereof. The Depositor shall deliver (or cause to be delivered) to the Eligible Lender Trustee, the Securities Insurer, the Swap Counterparty and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Protection of Interests in Trust. (a) The Depositor Seller shall execute and file such financing statements and cause to be executed and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve, maintain, and protect the interest of the Issuer, the Eligible Lender Trustee, the Securities Insurer, the Swap Counterparty and the Indenture Trustee in the Group I and/or Group II Financed Student Loans, as applicable, Loans and in the proceeds thereof. The Depositor Seller shall deliver (or cause to be delivered) to the Eligible Lender Trustee, the Securities Insurer, the Swap Counterparty and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Protection of Interests in Trust. (a) The Depositor shall execute and file such financing statements and cause to be executed and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve, maintain, and protect the interest of the Issuer, the Eligible Lender Trustee, the Securities Insurer, the Swap Counterparty and the Indenture Trustee in the Group I and/or Group II Student Loans, as applicable, and in the proceeds thereof. The Depositor shall deliver (or cause to be delivered) to the Eligible Lender Trustee, the Securities Insurer, the Swap Counterparty and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.